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Showing posts from May 12, 2017

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

LAI MOHAMMED RECEIVED THE SOUTH AFRICAN HIGH COMMISSIONER LULU LOUIS TODAY.{PHOTOS}.

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                         The Minister of Information and Culture,Alhaji Lai Mohammed today received the South African High Commissioner,Lulu Louis Mnguni's to the Ministry.Alhaji Lai Mohammed,has said Nigeria will deploy 'Cultural Diplomacy' as an effective tool to put an end to the incessant xenophobic attacks on Nigerians in South Africa.''Nigeria is keen to work with South Africa to put an end to these attacks,deploying the soft power of cultural diplomacy,which is widely regarded as an effective tool in this regard,''the Minister said in Abuja today friday when he received the South African High Commissioner to Nigeria,Mr Lulu Mnguni,on a courtesy visit to his office.He said relevant parastaltals,including the National Council for Arts and Culture,the Nigerian Tourism Development Corporation and the Nigerian Film Corporation,will soon embark on a series of activities in South Africa to further strengthen the understanding between Nigerians and South Afri

SUPREME COURT IN INDIAN TO RULE ON END OF 'TRIPLE TALAQ' INSTANT DIVORCE.

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              Five of India's most senior judges have started a hearing which could end up being a watershed in the way Muslim men relate to their wives.Muslim men in India are allowed to divorce through ''triple talaq''-a custom that involves saying the word talaq three times in succession.The divorce is instant and unilateral.It can be done by text ,fax,email,Facebook or Whatsapp.The provocation can be trivial,such as putting on weight,greying or burning the dinner.Last month,the husband of national level netball champion,Shumayala Javed,divorced her by uttering talaq because she gave birth to a baby girl.The All India Muslim Personal Law Board,opposes the abolition of the instant divorce.In its petition to the Supreme Court,the Board argues that if Muslim men are denied triple talaq,they might murder their wives to get rid of them.Implying that triple talaq was good for women,the Board said that if a man had to face the hassle of time-consuming and expensive lega

NIGERIAN CUSTOMS NETS 857 MILLION REVENUE+SEIZED SOME GOODS IN BENIN EDO STATE.{PHOTOS}.

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                                      The Nigerian Customs Service Federal Operations Unit Zone C Owerri has continued to record resounding success in its anti smuggling operations in the Zone.The Zone for the month of April made fifteen seizures with duty paid value of N865,529,880.The Unit also recovered underpayments to the tune of N23,304,042.The Customs Area Controller,Comptroller Mohammed Uba who disclosed this in a press briefing in Owerri said that FOU Zone 'C' Owerri has a track record of success in its anti-smuggling operations and his officers have remained unflincj#hing in their resolve to bring smuggling in the area to its barest minimum.Comptroller Uba while further displaying some of the seizures deposited at the government warehouse in Benin Edo State noted that the seizures were made in Benin,Calabar,Enugu and Owerri axis of the Zone.He stated that the commodities seized are of high value hence the huge amount of the duty paid value.He further added that there

THE 8TH SENATE PASSED THE 2017 APPROPRIATION BILL-SARAKI.{PHOTO}

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             The Senate President made this information to all on his social media yesterday.He wrote ''the 8th Senate passed the 2017 Appropriation Bill and fulfiled its promise to Open NASS.When we came into Office on the 9th of June,2015,we promised Nigerians that we would continue to remain committed to running an institution that is transparent and accountable to the Nigerian people.With the budget release,we have kept this promise,and this is what we will continue to do.I thank the Appropriation Committee and Sub-Committees of the Senate for a job well done on this 2017 Budget process.As much as this budget is a Budget of Growth and Recovery,it is also a Budget of firsts.This year,we had the first-ever Joint Public Hearing on the National Budget that allowed Civil Society Organizations and the public to make direct recommendations to the budget.This was also the first time since 1999 that the budget and its detail were laid on the floor of both legislative chambers.Anothe

THE PRINCE OF WALES & THE DUCHESS OF CORNWALL ,RECEIVED AN AMAZING WELCOME FROM THE PEOPLE OF IRELAND ON DAY 2 OF THEIR VISIT.PHOTOS}.

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              The Prince of Wales and The Duchess of Cornwall have received an amazing welcome from the people of Ireland on the second day of  their Royal visit to Ireland.Their Royal Highnesses spent the day in Kikenny,meeting residents and stallholders at the local Farmers Market,and even trying their hand at hurling in the grounds of Kilkenny Castle!.Later that day Their Royal Highnesses visited Grennan Mill Craft School,and The Prince viewed the Emergency Medical Service Helicopter at the United Nations Training School Ireland.The Duchess ended the day at the Irish National Stud.Tomorrow,The Prince and The Duchess will spend a third and final day in Ireland visiting communities in Dublin.More photos below.

GOVERNOR OBIANO HANDS OVER AGULU LAKE HOTEL TO GOLDEN TULIP ON TUESDAY.{PHOTOS}.

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             Barely one month after launching the $2 billion Anambra Airport City Project at Umueri that would be funded and constructed from start to finish by the Chinese,Governor of Anambra State,Chief Willie Obiano,has sealed another business deal with the Golden Tulip Hotel Group,which is the third largest hospitality group in the world,with head offices in Switzerland.The latest agreement is over the management of the idyllic Agulu Lake Hotel Resort,which Obiano inherited from his predecessor,former Governor Peter Obi.The 100-room tourism showpiece is nestled in the verdant green slopes beside the famous Agulu Lake in Aniocha Local Government Area of the state.The agreement signing,which took place on the foregrounds of the hotel in Agulu,symbolised two important developments in Anambra State.In the first instance,it marked the entry of a major multinational player into the tourism and hospitality industry in the state and served  as a signpost to the growing confidence of foreig

N864M FRAUD: COURT GRANTS EX-FCT MINISTER,BALA MOHAMMED,N500 MILLION BAIL TODAY.{PHOTOS}.

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           Justice A.M.Talba of the Federal Capital Territory,FCT,High Court sitting in Gudu,Abuja,today friday,May 12,2017,graanted bail to a former minister of FCT,Bala Mohammed on a 6-count charge of abuse of office,false declaration of assets and fraud to the tune of N864million preferred against him by the Economic and Financial Crimes Commission,EFCC.He was admitted to bail in the sum of  N500million with two sureties in like sum.One of the sureties must be a Senator and the other,a director in any of the federal government establishment.Both sureties must have landed properties in the FCT with Certificates of Occupancy and must have evidence of tax clearance in last one year.The defendant must deposit his international passport with the registrar of the court.Arraigned on Wednesday,May 10,Mohammed,while in office as minister,allegedly received N550million as bribe from the Aso Savings and loans Limited with respect to some properties in the Asokoro area of Abuja.He is said to ha